SRVR: PACER DATA & INFRASTRUCTURE REAL ESTATE ETF
What this ETF is trying to do
The PACER Data & Infrastructure Real Estate ETF (ticker: SRVR) focuses on real estate companies that deal with data and infrastructure. This includes things like data centers and communication towers. The fund holds a total of 76 different holdings.
Top Holdings:
• Equinix Inc (15.66%)
• American Tower Corp (15.06%)
• Digital Realty Trust Inc (14.99%)
• Iron Mountain Inc (4.65%)
• Crown Castle Inc (4.26%)
• SBA Communications Corp Class A (4.21%)
Please note that this list is a partial view of the holdings and can change over time.
What the numbers show
When looking at an ETF, it is important to know the difference between price return and total return. Price return only tracks how much the share price moves. Total return includes both the price movement and any cash distributions (dividends) paid out.
• Year-to-Date (YTD): The price return is up approximately 3.21%, while the total return is up approximately 6.37%.
• One Year: The price return was down approximately -7.34%, while the total return was down approximately -3.07%.
• Three Year: The price return was up approximately 5.20%, while the total return was up approximately 16.38%.
An estimated price from roughly one year ago was $32.00. The current price is $29.56.
Income and distribution explanation
This ETF provides cash distributions to investors. The current distribution yield is approximately 4.67%. This means the cash paid out is about 4.67% of the current share price. Over the last 12 months, there were 4 distributions, which usually happen every quarter.
It is important to remember that a high distribution yield does not mean you have earned that much in total return. You must look at the total return to see how the investment performed overall.
NAV erosion explanation
"NAV erosion" is a term used to describe when the value of an ETF's underlying assets decreases. While a falling share price is not the same thing as NAV erosion, we use an erosion-risk score to measure this risk.
This ETF has an erosion score of 75, which is labeled as "Mild price erosion." This is a measurement of risk and not a guarantee that the value has been lost. There is no severe erosion-risk flag for this ETF.
Pros
• The three-year total return has been positive at approximately 16.38%.
• The ETF provides regular quarterly cash distributions.
Cons
• The one-year price return has been negative.
• The five-year total return is approximately -18.69%.
Beginner takeaway
When looking at SRVR, remember that price changes and cash payments are two different things. An investor might see a falling share price but also receive cash distributions. Always check the total return to get the full picture of how the ETF has performed over time.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | EQUINIX INC | EQIX | 16.07% |
| 2 | DIGITAL REALTY TRUST INC | DLR | 15.59% |
| 3 | AMERICAN TOWER CORP | AMT | 14.75% |
| 4 | IRON MOUNTAIN INC | IRM | 4.84% |
| 5 | SBA COMMUNICATIONS CORP CLASS A | SBAC | 4.38% |
| 6 | CROWN CASTLE INC | CCI | 4.32% |
| 7 | CELLNEX TELECOM SA | n/a | 4.14% |
| 8 | NEXTDC LTD | n/a | 2.46% |
| 9 | n/a | n/a | 2.30% |
| 10 | IRIDIUM COMMUNICATIONS INC | IRDM | 2.01% |